Staked Frax USD (SFRXUSD)

The supply of @FraxFinance’s yield-bearing dollar sfrxUSD has surpassed $31.4M, achieving a 76% year-over-year increase. https://t.co/8WMmYeX2GL

Anyone can offer a higher stablecoin yield by taking more risk.

sfrxUSD is built to optimize yield relative to risk, delivering sustainable on-chain returns that have consistently outperformed several major alternatives.

Set-it-and-forget-it saving: https://t.co/1w4XgcYsY7 https://t.co/D7W3hPPxRj

Vaults are now nearly everywhere.

Many first-class solutions to choose from right now, whether it’s from projects like @Morpho, @yearnfi and other protocols, which provide solid solutions to gain optimized yield.

While all these models evolve and compete for liquidity, I will apperently dig deeper into their design, but in the moment I am in case of on chain safements still mostly using $sfrxUSD from @Frax as my favorite solution.

The reason is simple, I currently value this structure of sustainable riskadjusted yield much more, where the token is liquid and combines in its fundamentals, strategies, which fit very much in the category of a reliable safement unit, in this case combining: T-Bills, Carry Trades & low risk DeFi strategies.

What makes it even stronger is that the allocation can adjust when market conditions change. The strategies shift in the background, while I simply hold a liquid “base” asset.

Why do these underlying strategies fit well for safement purposes?

First, tokenized T-Bills e